Which of the following most accurately describes the term cost- benefit analysis?
A)Considering whether the cost of calculating certain types of information provides a commensurate economic benefit
B)Considering whether the cost of products exceeds the market selling price
C)Calculating the cost of holding fundraising benefits for charity
D)Considering whether employees should be entitled to certain fringe benefits

Question

Quizplus · Accepted Answer

Cost-benefit analysis involves evaluating whether the economic benefits of an action or decision outweigh its costs, which aligns with option A.

Which of the Following Most Accurately Describes the Term Cost-